£482,093
This estimated value is based upon the latest sale price for the house of £390,000 on 17 May 2019. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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960 Eastern Ave, Newbury Park, Essex, IG2 7JD
Phone: 02080333132
| Price Paid | Date |
|---|---|
| £390,000 | 17 May 2019 |
| Terraced |
| Freehold |
| Floor Area: 87 sq meters or 936 sq feet |
This model uses changes in the Official Land Registry House Price Index for GREATER LONDON to estimate the market value.
When this house was purchased in May 2019 the House Price Index for GREATER LONDON was 120.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.614%.Applying this 23.614% change to the original purchase price of £390,000 results in an estimated price of approximately £482,093.
| 17 May 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 148.6 | 23.614 % | £390,000 | £92,093 | £482,093 |
The Postcode Pricing Model uses changes in average sales price within the IG3 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | 9.801 % | £38,222 | £428,222 |
| 3 Month Average | 4.592 % | £17,908 | £407,908 |
| 6 Month Average | 10.359 % | £40,399 | £430,399 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £313,643 | £309,000 | 7 DOWNSHALL COURT ALDBOROUGH ROAD SOUTH |
| 8 Aug 2023 | £529,633 | £525,000 | 301 ALDBOROUGH ROAD SOUTH |
| 5 Apr 2023 | £85,925 | £85,000 | FLAT 26 PARKVIEW COURT, 54 BRANCASTER ROAD |
| 17 Mar 2023 | £454,280 | £450,000 | 285 ALDBOROUGH ROAD SOUTH |
| 9 Nov 2022 | £83,983 | £85,000 | FLAT 33 PARKVIEW COURT, 54 BRANCASTER ROAD |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 11 Mar 2019. Using an estimated price of £482,094 means this house is valued at £5,541 per sq meter (£514 per sq foot).
The average size of a house on SUFFOLK ROAD is 88 sq meters (949 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Vehicle crime | Under investigation | On or near Downshall Avenue |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Downshall Avenue |
| Dec 2023 | Anti-social behaviour | On or near Brook Road | |
| Dec 2023 | Anti-social behaviour | On or near Brook Road | |
| Dec 2023 | Anti-social behaviour | On or near Brook Road |